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home is $142,000. The bank requires a 20% down payment and three points at the time of closing. The cost of the home is financed
home is $142,000. The bank requires a 20% down payment and three points at the time of closing. The cost of the home is financed with a 30-year fixed-rate mortgage at 7.5%. Complete parts (a) through (e) below. a. Find the required down payment. 123 33 954 O=" WHITEHEN THE W 13-17 429 43 O
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